ISLAMABAD – The country attracted US $11.96 billion worth of net ForeignDirect Investment (FDI) during previous five years from, 2013 to 2018.-
Year wise data shows that during 2012-13, net inflow of FDI was recorded atUS $1.456 billion, while during 2013-14, the net FDI was recorded at $1.699billion, and in 2014-15, the total FDI stood at $987 million. Similarly$2.3 billion worth of FDI flowed to Pakistan during 2015-16, $2.746 billionin 2016-17 and $2.767 billion in 2017-18.
According to data issued by State Bank of Pakistan (SBP), China made thehighest investment of $4.966 billion during the period under reviewfollowed by UK, which made FDI of $1.6 billion. Similarly, investment fromUnited States during last five years was recorded at $813 million, fromUnited Arab Emirates $425 million, Japan $281 million, Hong Kong $858.6million, whereas Switzerland made investment worth of $600.2 million.
Austria made investment worth $224 million, Netherlands $410 million, Italy$634 million, Turkey $234 million and others $909 million.
Net sector wise data shows that during previous five years, the highestinvestment was made in power sector where and amount of $3.12 billion wasinvested followed by $1.95 billion worth of investment made in oil and gasexploration, and $1.624 billion in financial business.
Read Top Stories
In construction sector, total investment of $1.35 billion was made while infood and beverages, transport equipment (Auto), and electronics, aninvestment of $1.3 billion, $289.2 million, and $268.4 million was maderespectively.
Likewise, in textiles sector an investment of $127.4 million was madewhereas in trade, tobacco, communication, and chemicals sectors, investmentworth of $206 million, $190 million, 371 million, and $222.7 million wasrecorded in the country. – APP
